SRussell8-2 - Tax Reform

Tax Reform:

1) Sales tax

Will be 3.5% in under 10 million people
Sales tax in states with more than 10 million people than it would be 5.5%

2) Property tax

Per 1/4 acre would be around $17,000

3) Collection/ Distribution

All tax money given to the government will be equally used for education and eco friendly uses
People able to pay tax over the course of the weeks’ notice

4) Income tax

Will be 4.5% of all money gained
People must pay within weeks notice

5) No pay punishment

All people that don't pay will have to pay a fine of $5,000 or serve 6-moths jail time